These are the main highlights of the CFTC Positioning Report for the week ended on December 29th: Net shorts in the dollar dropped marginally to 2-week lows after five consecutive weekly advances. The prospects for the greenback, however, remain well into the bearish territory amidst the ultra-accommodative stance from the Federal Reserve and the dominance of the risk-on sentiment. GBP net longs receded to 2-week lows. The quid managed to stay within the positive territory for the fourth consecutive week despite the poor prospects for the UK economy in light of the ongoing coronavirus pandemic. Speculators could well change their view on the pound following the announcement of the third national lockdown earlier this week. Speculators marginally trimmed their net longs in EUR, as investors’ appetite for riskier assets, favourable differential in real interest rates (vs. the US) and solid hopes of a strong economic recovery remain supportive of the single currency. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BoE’s Bailey: Around 5,000 to 7,000 finance jobs have migrated to EU because of Brexit FX Street 1 year These are the main highlights of the CFTC Positioning Report for the week ended on December 29th: Net shorts in the dollar dropped marginally to 2-week lows after five consecutive weekly advances. The prospects for the greenback, however, remain well into the bearish territory amidst the ultra-accommodative stance from the Federal Reserve and the dominance of the risk-on sentiment. GBP net longs receded to 2-week lows. The quid managed to stay within the positive territory for the fourth consecutive week despite the poor prospects for the UK economy in light of the ongoing coronavirus pandemic. Speculators could well change their… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
